I heard a rumor that Sysco is purchasing Cheney Brothers in Riviera Beach and Ocala, FL. Has anyone else heard about this? The company is having a lot of problems and I know that many of not all the employees would welcome a buyout/takeover by Sysco (I know Sysco is not perfect either, but things have gotten bad at Cheney). Any info would be helpful. Thanks!

Where do these ridiculous rumors get started. Sysco is getting drubbed by Cheney and that is because there are beaucoup manufacturers and brokers that resent having trouble sitting down after dealing with both Sysco and US Foods. However after saying that, there is always a $$ amount out there that would work. Sysco would have to buy Cheney for the same reason they bought Beaver Street Foods. Sysco just cannot compete with a strong local privately owned distributor. Even in this crappy economy I have double digit growth at Cheney AND GFS. Sysco sucks

Pasquale, although what you say about Sysco (or USF) struggling to compete with strong privately owned companies is sometimes true I think it is naive of you to think they are "getting drubbed". I can only assume you are in some sort of sales capacity at your job because people who make these statements only consider sales growth as the criteria for victory. You can have a lower percentage of sales growth and still be more profitable (the object of the business). I wouldn't put Cheney Bros. and GFS in the same category either. I'd be surprised if Cheney Bros. survives another ten years.

Why would Sysco or GFS buy Cheney,a good co.inits own right?One would buy a company because itwould add something to their companies,they do nothave.In CBI's case for Sysco it might be theirwarewashing program,which Sysco lacks to a largedegree.And that about it. Don't tell me it add permament sales or moves them into geo. areas they are not in.No,Sysco learn their lesson,hopefully when they bought ContinentalCoffee and lost 40%of the sales because buyers refused to be down to one main supplier.

Cheney is a good company with a big market share. SYSCO, GFS or US Foodservice would buy them because they would contribute to their market share. Incremental sales growth is hard to achieve when you have a large share of the market already. When SYSCO bought CFS they did lose some short term sales. But now look at what those divisions have contributed in major metro markets like Chicago, Los Angeles, Baltimore/Washington, etc...

I am sure Mr. Russell has a number he is willing to consider. The only question, is it a good return on investment? Everyone has a price!

SYSCO or GFS are the only two that make sense! US Foodservice has enough internal problems to solve! They would totally

Add market share if Sysco or GFS were to buy CBIwould be very short term because any acct that CBIshared with Sysco and/or GFS is going to bring in acompetitior. Second problem is you would have to close downwarehouses because of their close proximity. Third problem,is the style of mgmt.comparing Sysco/ GFS with CBI is apples and oranges.For ex.,someone at CBI once said"You can give yourself anytitle you want at CBI as long as its not owner."Try

BTDT- Are you talking about one isolated instance with SYSCO and CFS? Overall they went from about $7 Bil to $15 Bil in a relatively short period of time. Where SYSCO had weaker sales, CFS was strong in the market and vise versa. L.A. was probably the best example.

Insert Photos

Web address (URL)

Image URL

If your URL is correct, you'll see an image preview here. Large images may take a few minutes to appear.
Remember: Using others' images on the web without their permission may be bad manners, or worse, copyright infringement.